Led by big chains like Amazon Go, Sweetgreen, and Shake Shack, U.S. retailers are fast eliminating cash sales. But cities and states across the country are fighting back. The big picture: They’re moving to outlaw cashless stores because, they say, they
The average Australian carries $76 in cash in their purses or wallets over a week, according to new research released today by NAB. The report explores what role cash plays in the lives of Australian consumers today – how much
NATIONAL REPORT — Frictionless checkout is picking up steam in the convenience channel, with several retailers including Cruizers, Family Express, Enmarket and 7-Eleven implementing the retail technology.
The All Party Parliamentary Small Shops Group (APPG) is calling on the government and the Payment Systems Regulator to urgently implement the recommendations made in last month’s Access to Cash review and protect consumers’ access to cash.
RICHMOND, Va., April 15, 2019 (GLOBE NEWSWIRE) — Doug Pertz, president and chief executive officer of The Brink’s Company (NYSE:BCO), issued the following statement today in response to recent and ongoing media coverage related to the use of cash by
The cashless future looks a bit more distant than it did a few weeks ago. Amazon announced last week that its automated Amazon Go stores, which have accepted only mobile payments since they opened last year, will soon begin taking cash. It
Amazon will accept cash at Amazon Go stores in the future, according to CNBC. The plan is part of an effort to address concerns that the checkout-free automated stores could discriminate against shoppers who lack bank accounts or credit cards.
The rise in mobile payments technology and the related pressures placed on legacy banking systems is threatening the financial stability of millions of people in the U.K. and the U.S., experts say, as bank branches and ATM’s begin to pull